Former Prime Minister David Cameron is back in front-line British politics, making a shock return as foreign minister in Rishi Sunak’s Conservative government. The move comes after Sunak sacked Home Secretary Suella Braverman after she […]
This week my nuclear paper for the Global Warming Policy Foundation (“GWPF”) was published: Prospects for nuclear energy in the UK. The GWPF has taken a somewhat more negative interpretation of my report than I […]
Daily Standup Top Stories Explainer: Iran’s expanding oil trade with top buyer China November 11, 2023 Allen Santos Nov 10 (Reuters) – China’s oil imports from Iran have hit record highs as Iran ramps up output […]
Oil and gas are “not the problem” for the climate, but the carbon emissions arising from them are, the UK’s net zero minister has told MPs. In words that suggested the UK could place yet […]
It’s no secret that fossil fuels are still going strong, as we discussed last month. But a new United Nations-backed report paints an alarming picture of how dramatically coal, oil and gas production is expected to grow in […]
Reuters reports the German government, Siemens AG, and other parties will provide billions of euros in project-related guarantees to support Siemens AG’s struggling wind turbine division. This financial assistance comes just weeks after the company warned about mounting […]
7 Nov, 2023 09:52 HomeBusiness News The country’s GDP data for Q3 is due later this week, but analysts suggest all signs point to a contraction The UK is likely already in a recession due […]
The malaise spreading through the renewable energy industry hasn’t come to an end just yet. wind energy giants Ørsted A/S and Siemens Energy are facing billions of euros in losses and writedowns as their wind […]
British lenders approved 43,328 mortgages in September, the lowest number since January, the Bank of England reported on Monday, adding to concerns about the housing market. The figure was down from 45,400 in August, marking […]
Despite the recent high-profile approval of the Rosebank oil field in the North Sea, the picture for domestic oil and gas production remains bleak. The Conservative Government has recently spied an opportunity for re-election by […]
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